Two-Unit Duplex with
12564 KNIGHTS TERRACE, Philadelphia, PA 19154
For Sale
$449,900
Both residences include private basements, dedicated laundry areas, and individual garage parking.
Property Size1,722 SF
Price / SF$261.27
Days on Market50
Property Features for 12564 KNIGHTS TERRACE
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Parking per Unit
Amenities
private basement area with dedicated laundry space
Building Details
Year Built
Buildings
Listing Agency:
Real of Pennsylvania
(855) 450-0442
Listed By:
Liam Coonahan · License PA RS362535
(484) 566-5060
Source:
Cummingsrealtors
Added: Sep 22
Changed: Nov 8
Last Checked: Nov 8 at 6:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real of Pennsylvania
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Investment Insights
Based on property information with market context.
This duplex contains two residential units, each arranged with 2 bedrooms and 1 bathroom. Both units include a private basement area with dedicated laundry space, adding separate storage and utility areas. Individual garage parking is provided for each residence. The property was built in 1977 and has a total property size of 1,722 square feet.
Located at 12564 Knights Terrace in Philadelphia, Pennsylvania 19154, the property offers a two-unit configuration with distinct residential spaces and dedicated parking. Each unit is described as rent ready, supporting continued residential occupancy without changes to the existing layout.
Located at 12564 Knights Terrace in Philadelphia, Pennsylvania 19154, the property offers a two-unit configuration with distinct residential spaces and dedicated parking. Each unit is described as rent ready, supporting continued residential occupancy without changes to the existing layout.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit
- 1,722 total property size
- Private basement area and dedicated laundry space for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,386
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$587,720
$587.7K
Cap Rate 7%
$419,800
$419.8K
Cap Rate 9%
$326,511
$326.5K
Market Conditions
NOI Build-Up for 1,722 SF
Gross rent
$44.4K $25.80/SF
− Vacancy
−$2.4K −$1.42/SF
EGI
$42.0K $24.38/SF
− OpEx
−$12.6K −$7.31/SF
NOI
$29.4K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$587,720
Cap Rate 7%
$419,800
Cap Rate 9%
$326,511
Alternative Uses
Best Use
Multifamily LT 5
$419.8K
$367.3K – $489.8K
NOI $29,386 @ 7.0% cap · market cap 6.53%
Second Best
Apartment 5plus
$386.9K
$338.6K – $451.4K
NOI $27,086 @ 7.0% cap · market cap 6.02%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
847
Businesses Nearby
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Business Placement
Demographics for 19154, PA
34,681
Population
13,296
Households
2.6
Avg Household Size
39
Median Age
27%
College-Educated
91%
High-School Grad
6.4 sq mi
ZIP Area
5,419
Density / Sq Mi
$93,479
Median Household Income
$50,969
Median Earnings
$1,396
Median Rent
$274,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Philadelphia, PA
Properties on Market for Duplexes in Philadelphia
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include private basements, dedicated laundry areas, and individual garage parking.
Where is this duplex located?
The property is located at 12564 KNIGHTS TERRACE Philadelphia, PA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit; 1,722 total property size; Private basement area and dedicated laundry space for each unit
